Derek  31 Aug 2017


Negative trend lines in the US were broken. It is only the HangSeng that is negative this morning with all other markets strong. I show the S&P500 and notice the trend line brake as well as were FrontRunner broke its moving average.

JSE Technical:
I showed Firstrand yesterday and mentioned RMB Holdings. I show RMB Holdings today and notice how divergence was in place against strong resistance.

Anheuser-Busch opened a window with its good results and as I always mention: All open windows get closed! So was the case with Anheuser-Busch. Now that the window is out of the way, it broke the EMA8 line.

Enjoy your day
Download TradeFX™

Copyright © 2017 {Zoclee}™. All rights reserved.